A bank foreclosure on the WorkPlay building, scheduled for Nov. 17, has been postponed, co-owner Alan Hunter said today. A deal is in the works, and details will follow, Hunter said. No other information was available.

The WorkPlay entertainment complex at 500 23rd St. South was facing a foreclosure from Superior Bank.

Hunter, who owns the building with his three brothers, had said the site would be put up for bids in mid-November unless a buyer stepped up or a financial savior appeared.

The Hunters had been trying to find a buyer for the WorkPlay building for about 18 months when the bank decided to foreclose on the mortgage, Hunter said in late October. A deal they'd been working on at the time fell through, Hunter said.

Since its opening in 2001, WorkPlay has become an important player on Birmingham's music scene. The WorkPlay building houses a theater, a bar, film-production facilities, a soundstage that doubles as a concert venue, music recording equipment and office space.